The Westchester County Industrial Development Agency (IDA) has voted final and preliminary approval of financial incentives for two significant projects in downtown White Plains – an affordable housing project for seniors and a transit-oriented development
Manhattan, NY Ariel Property Advisors (Ariel) has completed the sale of a mixed-use multifamily property at 32 Ave. A between East 2nd and East 3rd st.'s. The property traded for $3.78 million, which translates
Bayport Funding, a leading direct portfolio lender providing bridge financing for real estate investors, has announced the closing of a $200 million senior credit facility from Webster Business Credit, a division of Webster Bank and the lead syndication agent in the transaction. The move bolsters Bayport’s already significant financial resources as the firm expands
Binghamton, NY Leadership Alliance CEO, Stacey Duncan, alongside community partners from the Urban League and the United Way of Broome County have announced an award of $750,000 in congressionally directed spending secured by Senator Chuck Schumer
A team of lawyers from K&L Gates LLP s...
Tarrytown, NY The Building Owners and Managers Association of Westchester (BOMA) announced that the City of Yonkers and Iona University will be the honorees at BOMA’s 31st Annual Hall of Honor Awards Dinner to be held
New York, NY Rudin, a full-service real estate organization, will be relocating nonprofit mental health provider Vibrant Emotional Health (Vibrant) to 80 Pine St., its 1.2 million s/f financial district office tower, with a 15-year lease totaling 59,550 s/f. Vibrant Emotional Health’s footprint will span the entire 18
th and 19
th floors of the 38-story building.
Bronx, NY The Doe Fund, a homeless services nonprofit with a portfolio of transitional, affordable, and supportive housing throughout NYC, celebrated the topping out of its latest real estate development at 4519 White Plains Rd. The nine-story, $48.5 million joint venture — known as The Plains and designed by OCV Architects — is the second The Doe Fund has undertaken with Robert Sanborn Development.
Hempstead, NY Short Term Capital, a New York-based family office, has purchased a $3.9 million non-performing note from the lender of a commercial property owner. The 16,907 s/f property, located at 999 Hempstead Tpke.
New York, NY Fisher Brothers, a leading New York City-based real estate firm, today announced it will continue its partnership with Basta, an organization that connects first-generation college students of color with career-building opportunities. For the past two years, Basta and Fisher Brothers have supported a paid fellowship program,